The 12-month (notional) forward rate for the yuan is currently betting on a 5.5% revaluation of the currency over the next year.

ECONOMIST: The latest G7 meeting has changed little

There is chatter about a revaluation of China's currency soon, but anyone expecting a big shift is likely to be disappointed.

ECONOMIST: Asian currencies

As China's central banker, Mr Zhou is likely to face growing calls from Japan and the United States for a revaluation of China's currency, the Yuan, to reflect the strength of its fast-growing economy.

BBC: China gets new central banker